In this episode, we delve into the rapidly evolving role of artificial intelligence in the legal field. As AI tools become increasingly integrated into legal practices, they bring both groundbreaking efficiencies and unexpected hurdles. Join us as we explore the dual-edged nature of AI: its potential to revolutionize legal tasks and the pitfalls that could lead to costly mistakes. Discover how legal professionals can adeptly navigate this new landscape, leveraging AI's strengths while safeguarding against its shortcomings. Tune in to understand the implications of AI's rise and how to stay ahead in this transformative era. Our Guests Dr. Douglas Arner Dr Arner is Hong Kong’s most influential professor of financial law and regulation – to say nothing of his renown and esteem in this region and globally. He is also one of the most cited people in academia. Beyond that, he is the Kerry Holdings Professor of Law at the University of Hong Kong, where he also serves as the Faculty of Law’s associate dean for taught postgraduate programs. Additionally, Prof. Arner is the associate director of the HKU-Standard Chartered FinTech Academy, which is based on the University’s main campus in Pokfulam. Dr. Arner’s latest book, which he co-authored with Prof. Ross P. Buckley of the University of New South Wales and Prof. Dirk Zetzsche of the University of Luxembourg, was officially released in late-November. The title is FinTech: Finance Technology and Regulation. It was published by Cambridge University Press. Michael Borelli London-based Michael Borrelli is director at AI & Partners, Europe's leading professional services firm for firms subject to the EU AI Act. Leveraging his 10+ years of experience in financial services, compliance, and technology, he helps clients navigate the complex and evolving regulatory landscape of AI. This includes a strong passion for responsible AI and its potential to create positive social impact, while minimizing its risks and challenges. In addition to this role at AI & Partners, responsibilities include serving as a FinTech Ambassador and an AI 2030 Chapter Advisor, where he has made contributions to the development and dissemination of knowledge, best practices, and policy recommendations on AI and FinTech.He is also a prolific writer and speaker on topics related to AI, FinTech, and compliance, having published multiple articles and delivered several presentations at various events and platforms. Our Host Ajay Shamdasani Ajay Shamdasani is a veteran writer, editor and researcher based in Hong Kong. He holds an AB in history and government from Ripon College, JD and MIPCT degrees from the University of New Hampshire Franklin Pierce Law School, and an LLM in financial regulation from the Illinois Institute of Technology’s Chicago-Kent College of Law. His 15-year long career as a financial and legal journalist began as deputy editor of A Plus magazine – the journal of the Hong Kong Institute of Certified Public Accountants. From there, he assumed the helm of Macau Business magazine as its editor-in-chief, and later, joined Asialaw magazine as its deputy editor. More recently, he spent close to seven years as a senior correspondent with Thomson Reuters’ subscription-based trade-wire service Regulatory Intelligence/Compliance Complete (previously called Complinet) in Hong Kong. While there, he covered regulatory developments in that city, as well as Singapore, India and South Korea.